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Nonprofit · EIN 92-2046269

LGBT VC

Also known as QUEER VENTURE CAPITAL

Tax-exempt · ASTORIA, NY 11106

Financials

$169K$147K2023
Revenue Expenses · by fiscal year end
Financials of LGBT VC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$169,075$146,700$22,375$26,333$3,958$22,375
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$138,949
Program service revenue
$25,000
Investment income
$111
Net income from fundraising events
$2,802
Other revenue
$2,213

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$44,168
Salaries, compensation and benefits (total)
$50,662
Professional fees and payments to contractors
$10,838
Printing, publications and postage
$48
Other expenses
$85,152
Program services (functional)
$69,057

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$26,333
Total liabilities, end of year
$3,958
Net assets, end of year
$22,375
Cash, savings and investments
$26,333
Gross receipts
$169,115

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Tiana TukesFounder, and Co-Chief Executive Officer60$22,161$1,129
Jason BlockFounder, and Co-Chief Executive Officer60$22,007$1,144
Evelysse VargasBoard Director5$0$0

Address and contacts

Address (IRS master file)
1232 31ST DR APT 3A, ASTORIA, NY 11106-4826
Signed the 990-EZ
Jason Block, CEO
Phone
(917) 409-6957

Mission

To advance economic opportunity and prosperity for LGBTQ and ally communities through educational programs, supporting the innovation economy.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • Regional Development & Chapter Leadership Programs: The establishment and growth of regional chapters have been pivotal in increasing community engagement and local support for LGBTQ+ and allied innovators. To date, four chapters have been launched, driving 17 community activities and building a network supporting over 100 nonprofit community partners, 35 corporate partners, and hundreds of businesses across America. These chapters serve as localized hubs that empower members, strengthen community ties, and create opportunities for economic collaboration, amplifying workforce development, educational opportunities, and economic growth for the American public. Programs have included talks, fireside chats, panel discussions in New York, Los Angeles, San Francisco, Boston, Atlanta, Washington DC, and Chicago.
    Expenses $51,765
  • The Annual Summit: LGBT+ VC Summit is a flagship event designed to advance the organization's mission of supporting LGBTQ+ representation and inclusion within the innovation and entrepreneurship ecosystem. This program has reached 500 beneficiaries, providing educational workshops, keynote speeches, and networking sessions aimed at fostering growth and building community-driven relationships. The event's high participant satisfaction is evidenced by its consistent 5-star rating.
    Expenses $13,727
  • LGBT+ VC's Youth Educational Programs are dedicated to nurturing future leaders from underrepresented backgrounds. The program highlights include serving a diverse group of youth innovators and fellows--88% identifying as queer, trans, Black, Indigenous, and People of Color, and 71% as first-generation student fellows. We offered three cohorts of the program in the inaugural year. These programs have effectively mobilized support, drawing 79% of individual donors who are first-time contributors to an LGBTQ nonprofit including orus. The educational programs help develop essential skills and foster resilience among young leaders, ensuring continued progress toward a more inclusive financial literacy and education.
    Expenses $3,565

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
92-2046269
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,333
Income (IRS master file)
$169,115

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2023$169,075$146,700$26,333XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 92-2046269).

Questions about LGBT VC

What is the EIN of LGBT VC?
The employer identification number (EIN) of LGBT VC is 92-2046269.
Is LGBT VC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to LGBT VC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LGBT VC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LGBT VC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LGBT VC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
Who are the officers and directors of LGBT VC?
The 990-EZ for the year ended December 31, 2023 lists 3 people; 2 received compensation from the organization, the highest $22,161 (Tiana Tukes, Founder, and Co-Chief Executive Officer).
How much revenue does LGBT VC have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $169,075, expenses of $146,700 and total assets of $26,333 at year end.

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